Fuwei Films jump on Q2 profit vs year-ago loss

Baijiayun

23/08/2019 12:53

** Shares of China-focused plastic films distributor
 FFHL.O  soar 72.6% to $3.4 premarket, set to hit nearly a year
high 
    ** Q2 net sales rose 10.7%; posts Q2 profit vs a year ago
loss
    ** Co set for best day in nearly 2-1/2 yrs, if gains hold
    ** Qtr lifted by rise in average sales price, ~37% rise in
sales of specialty films
    ** FFHL is the top percentage gainer across U.S. exchanges
    ** Up to Thursday's close, stock down ~5% this year

 (Reporting by C Nivedita in Bengaluru)
 ((C.Nivedita@thomsonreuters.com; within the U.S. +1 646 223
8780, outside the U.S. +91 80 6749 9246;))